Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 3,709.9 | 2,960.2 | 2,530.6 | 2,463.2 | 2,317.2 | 1,933.8 | 2,284.0 | 1,506.8 |
| Revenue growth | 25.3% | 17.0% | 2.7% | 6.3% | 19.8% | -15.3% | 51.6% | 15.5% |
| Cost of goods sold | 1,222.9 | 991.6 | 853.9 | 805.5 | 790.1 | 645.7 | 579.1 | 531.6 |
| Gross profit | 2,487.0 | 1,968.6 | 1,676.7 | 1,657.7 | 1,527.1 | 1,288.1 | 1,704.9 | 975.2 |
| Gross margin | 67.0% | 66.5% | 66.3% | 67.3% | 65.9% | 66.6% | 74.6% | 64.7% |
| Selling, general and administrative | 1,337.4 | 943.9 | 829.7 | 777.4 | 707.7 | 585.4 | 560.1 | 499.7 |
| EBITA | 1,056.6 | 937.9 | 761.9 | 807.9 | 752.7 | 645.2 | 506.6 | 424.0 |
| EBITA margin | 28.5% | 31.7% | 30.1% | 32.8% | 32.5% | 33.4% | 22.2% | 28.1% |
| Amortization of intangibles | 413.1 | 278.2 | 252.7 | 253.0 | 230.3 | 170.1 | 197.5 | 218.1 |
| EBIT | 643.5 | 659.7 | 509.2 | 554.9 | 522.4 | 475.1 | 309.1 | 205.9 |
| EBIT margin | 17.3% | 22.3% | 20.1% | 22.5% | 22.5% | 24.6% | 13.5% | 13.7% |
| Pre-tax income | 387.2 | 501.4 | 389.5 | 374.5 | 343.5 | 372.5 | 205.4 | 26.6 |
| Income taxes | 119.9 | 130.9 | -83.7 | 70.5 | 54.5 | -79.1 | 74.0 | 11.3 |
| Tax rate | 31.0% | 26.1% | | 18.8% | 15.9% | | 36.0% | 42.5% |
| Net income | 269.5 | 1,417.2 | 343.2 | 346.9 | 565.6 | 441.2 | 120.6 | 5.9 |
| Net margin | 7.3% | 47.9% | 13.6% | 14.1% | 24.4% | 22.8% | 5.3% | 0.4% |
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| Diluted EPS | $1.40 | $7.34 | $1.79 | $1.81 | $2.96 | $2.32 | $0.65 | $0.04 |
| Shares outstanding (diluted) | 193.1 | 193.0 | 192.2 | 191.8 | 190.9 | 189.9 | 184.6 | 166.8 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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